Owning a house of our own is something we all dream of. In this episode of Quest for Excellence, we delve into the success story behind India’s fastest growing housing finance company, PNB Housing Finance.

The monthly home loan installment (EMIs) will soon come down by almost Rs 2000 if your first home falls in a city or town under the Pradhan Mantri Awas Yojana (PMAY) and if you fall in the income bracket of Rs 12-18 lakh.

Strength in all three business â€“ broking, asset management and housing finance â€“ along with a favourable business mix helped post a strong second quarter says Raamdeo Agrawal, Joint MD at Motilal Oswal Financial Services.

Siddharth Purohit, Angel Broking prefers Axis Bank over other large private banks. He expects around 20 percent loan growth for Axis Bank in the third quarter of FY17. He also sees no incremental worsening with respect to asset quality for the bank.

Credit Suisse' Neelkanth Mishra expects repo rate to fall to a decade low in the coming quarters. He says that beginning December the market may see a robust and widespread pick-up which may boost indices.

Sandhya Suku, of Tavant Technologies (a Silicon Valley-based mortgage technology company), has been selected as one of the most influential women in the housing industry. Bangalore-based Suku is one of the 43 women recognised &#82

The financial services arm of Anil Ambani-led Reliance Group would retain 51 percent stake in the separately listed venture while 49 percent equity in Reliance Home Finance will be alloted "free of cost" to nearly 1 million shareholders of Reliance Capital".

The housing finance firm will be issuing secured redeemable NCDs of face value of Rs 1,000 each aggregating up to Rs 4,000 crore, the company said in a statement here. The issue size is Rs 1,000 crore with an option to retain over-subscription up to Rs 4,000 crore, it said.